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Nearly 950 million USD of written premiums in 2013

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Magazine Issue: 
Supply and demand rule [3]
Magazine date: 
Feb 2014

The insurance industry collected 945.82 million USD in premiums in 2013, an increase of 10.44% compared to 2012 (856.44 million USD).

Branches that record the best growth from year to year are: health insurance (38%) and property insurance (21%), while life insurance fall by 16%.

Automotive, health and property damage branches account for 41%, 17% and 14% of premiums respectively.

The Top 3 of companies in terms of market share, is composed of:

  • Dhofar Insurance Company: 17.2%
  • National Life & General Insurance Company: 15.4%
  • Oman United Insurance Company: 11%
Thu, 27/02/2014 - 15:00

Source URL: https://www.atlas-mag.net/en/article/nearly-950-million-usd-of-written-premiums-in-2013

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